Farstad takes $7.3 million loss on sale of PSV
MARCH 1, 2016 — For the third time this year, Norway’s Farstad Shipping ASA reports the sale of a platform supply vessel at a loss. This time around the vessel is the
Offshore
Historic voyage of U.S. shale gas to Brazil
FEBRUARY 29, 2016—As we reported on February 25, the 160,000 m3 Asia Vision left Sabine Pass in Texas loaded with U.S.-produced LNG destined for Petrobras in Brazil. Craig Jallal, Senior Data Editor,
U.S.-based operator adds next generation asphalt carrier
FEBRUARY 25, 2016—The Marshall Islands-flag 37,000-dwt asphalt carrier Asphalt Splendor is the latest addition to U.S.-based Sargeant Marine’s fleet. Built and delivered by Chinese shipyard Avic Dingheng, the Asphalt Splendor is one
Waller Marine gets FEED contract for 400 MW FPP
FEBRUARY 25, 2016 — Waller Marine, Inc., (WMI), Houston, TX, has been contracted by Vires Energy Corporation of the Philippines to produce the Front End Engineering Design (FEED) of a nominal 400
First ship loaded with U.S.-produced LNG heads to Brazil
FEBRUARY 25, 2016—In an historic voyage for the export of U.S.-produced Liquefied Natural Gas (LNG), the Asia Vision left the Sabine Pass Terminal in Louisiana on February 24 loaded with 160,000 m3
Island Offshore in financial restructuring move
FEBRUARY 24, 2016 — Responding to a press report, Island Offshore Shipholding L.P., in an Oslo Stock Exchange announcement today confirmed “that agreement in principle on the terms of a proposed restructuring
Gibdock mobilizes giant wind farm installation jack-up
FEBRUARY 23, 2016 — Gibraltar shipyard Gibdock has completed the afloat mobilization of Seajacks Scylla, the largest wind farm installation jack-up ever built. Following delivery to Great Yarmouth, U.K., headquartered Seajacks by
First work for DLV 2000 will be on INPEX Ichthys Project
FEBRUARY 22, 2016 — McDermott International, Inc. (NYSE:MDR) says that the first work for its new flagship derrick lay vessel, the DLV 2000, will be on the INPEX Ichthys LNG Project offshore
Advanced offshore vessels feature ABB technology
FEBRUARY 18, 2016 — ABB is to supply the power, propulsion and energy storage solution for what it describes only as “two of the most innovative vessels operating in the offshore oil
McDermott sets date for naming flagship derrick lay vessel
FEBRUARY 18, 2016 — McDermott International, Inc. (NYSE:MDR) plans to name its new flagship derrick lay vessel, the DLV 2000, in a ceremony at Keppel’s Singmarine Shipyard in Singapore on Thursday, April